March 18th, 2009 
Elisheva Wiriaatmadja After the stock crash in 1929, during the great depression, democrate Franklin Roosevelt was elected President and his first task is to restore confidence.
Like Barack Obama in today’s depression, Roosevelt was seen as a saviour. Roosevelt promised to bring a new deal to the American people and to regulate the financial system.
This is the last part of 2009 Global Financial Crisis.
March 18th, 2009 Elisheva Wiriaatmadja If you are looking for consolidation loan providers, make sure you take the time to do some research and find the right one that you can trust. This is one of the most important key to a successful experience in getting out of debt. The first thing that you need to find out is whether [...]
March 18th, 2009 Elisheva Wiriaatmadja The stock market crash in 1929 did not create the great depression but it did start a sequence of events that eventually accommodated the great depression. At the time the banks were loaning money for the stock markets, and so were the companies and the brokerages. When the prices fell, all the money they lent suddenly disappeared.
Almost immediately companies started experiencing the affect of not having the capital and they began to let people go and shut down production. There were mass bankruptcies and liquidity crisis of exactly the same kind we have today.
The history of the great depression of 1929 is repeating itself in 2009. This is the 7th part of the 8 part series of the 2009 Global Financial Crisis.
March 16th, 2009 Elisheva Wiriaatmadja On Tuesday morning, Oct 29, 1929, some of the most famous names in corporate America sold their share price plummet — US Steel, Radio, General Motors; stocks that had been symbols of the boom years. This time the selling was so powerful that it clearly eliminate possibilities for bankers to stand the time.
This is the 6th part of the 2009 Global Financial crisis — History repeats itself.
March 15th, 2009 Elisheva Wiriaatmadja While the Americans have put their hopes up and their faith and confidence in their newly elected President Obama to bring in change, Gerald Celente, the CEO of The Trends Research Institute, the world’s #1 trends forecaster, sees nothing from his administration that could prevent the Greatest Depression or the brewing Revolution in America. In [...]
March 14th, 2009 Elisheva Wiriaatmadja October 24th, 1929 is often refered to as ‘the black Thursday’. Winston Churchill was to lose a fortune on the stock crash that day. The bankers knew they had to do something to overcome the total financial meltdown. For the first time, many speculators were discovering the downside of easy credit and buying on margin.
Here is the 5th part of 8 parts of the 2009 Global Financial Crises, when the 1929 crash repeats itself.
March 13th, 2009 Elisheva Wiriaatmadja Prior to the October 1929 stock crash, the stock market has become popular in the US economy. The average investors do not know that man like Joseph Kennedy do not make their fortune by simply picking the right stocks. The truth is they were cashing in on the naivity of gullible newcomers like them.
The series of the 2009 Global Financial Crisis is about the greatest crash in the last millennium and how history repeated itself in today’s economy.
March 13th, 2009 Elisheva Wiriaatmadja In today’s global economic crisis, the world’s toughest survivors through financial hardships have come together to share with their readers how they have risen above tough times, so their readers may too. Robert Kiyosaki’s Rich Dad website has posted some of the topics in the book, discussed between Kiyosaki and Trump. Although Robert Kiyosaki and [...]
March 12th, 2009 Elisheva Wiriaatmadja While the whole world is stressing out about the global financial crisis that seems to remain if not worsen, a large group of people in Christianity all over the world are holding on to a belief that they will prosper despite this global economic crisis. Many world-wide known church leaders, such as Morris Cerullo, claim [...]
March 12th, 2009 Elisheva Wiriaatmadja In the late 1920, when the stock went up, everything went up and up. At one point lending money for the stock market became a huge part of the American economy. Nearly 40 cents of every dollar that was lent was for stocks. Within 12 months in 1928, the stock market went up to 50% and it continues to rise.
This is the 3rd part of the 8 part video about how history repeats itself in this 2009 global financial crisis.
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